3734.281
Environmental protection remediation fund.

Except as otherwise provided in
section 3734.282 of the Revised
Code, moneys collected from judgements for the
state or settlements with the director of environmental protection,
including those associated with bankruptcies, related to actions brought under
Chapter 3714. and section
3734.13 ,
3734.20 ,
3734.22 ,
6111.03 , or
6111.04 of the Revised Code; and
moneys received under the
"Comprehensive Environmental Response, Compensation, and Liability Act of
1980," 94 Stat. 2767, 42 U.S.C. 9601 et seq., as amended, may be paid into the
state treasury to the credit of the environmental protection remediation fund,
which is hereby created. The environmental protection agency shall use the
moneys in the fund only for the purpose of remediating conditions at a
hazardous waste facility, a solid waste facility, a construction and demolition
debris facility licensed under Chapter 3714. of the Revised Code, or another
location at which the director has reason to believe there is a substantial
threat to public health or safety or the environment. Remediation may include
the direct and indirect costs associated with the overseeing, supervising,
performing, verifying, or reviewing of remediation activities by agency
employees. All investment earnings of the fund shall be credited to the fund.

The director of environmental protection may enter into
contracts and grant agreements with federal, state, or local government
agencies, nonprofit organizations, and colleges and universities for the
purpose of carrying out the responsibilities of the environmental protection
agency for which money may be expended from the fund.